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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: 2MAR$ who wrote (12781)7/27/1999 2:25:00 PM
From: Steve McClearie  Read Replies (2) of 108040
 
NEWS: CSGC to acquire proprietary Search Engine:

(BSNS WIRE) Classic Golf Signs Letter Of Intent to Acquire Internet Busi
Classic Golf Signs Letter Of Intent to Acquire Internet Business


Business Editors

NEW YORK--(BUSINESS WIRE)--July 26, 1999--Classic Golf
Corporation (OTC BB:CSGC) announced today that it has signed a letter
of intent to acquire the Internet company Indexonly Technologies, Inc.
(and the Commercial Directory: INDEXONLY.com).
The purpose of INDEXONLY.com is to create the first commercial
directory that will allow a searcher, with little or no knowledge of
the Internet to easily and quickly access specific, clearly defined
and geographically targeted information. The proprietary technology
and systems in the final stages of development will position
INDEXONLY.com as the prime source for searching commercially related
information via the Internet.
Further information on the Internet business can be obtained by
viewing the corporate web page at www.indexonly.com
Classic Golf Corp. has made the decision to withdraw from the
professional golf tournament business as a result of an inability to
contract sufficient players, negotiate television rights or make
sufficient sponsorship sales in time for the World Champions of Golf
tournament, scheduled for September 13 - 14, 1999.

Forward-looking statements in this release are made pursuant to
the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These Forward-looking statements are subject to certain
risks and uncertainties and actual results could differ from those
discussed. This material is information only and is not an offer or
solicitation to buy or sell the securities.

--30--cp/mi*

CONTACT: Classic Golf Corp., British Columbia
Damian Loth, 604/816-3974

KEYWORD: NEW YORK INTERNATIONAL CANADA
INDUSTRY KEYWORD: COMED INTERACTIVE/MULTIMEDIA/INTERNET SPORTS
MERGERS/ACQ

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com



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